I knew what they were up to immediately they postponed the listing of the #Vana token;AM Happy to learn from my previous mistakes.
The momentum in the market of crypto changes every after Four hours ( 4 hours time frame), A new candle forms after every four hours, it either continues in the upward trend or dips.
In Oman time, my country, the 4hr time frame begins at midnight, 00:00, 4am, 8am, 12pm, 4pm, 8pm and the cycle repeats .
In most cases, if the market has been bullish, after 4hrs elapsing, the market may change direction or continue with a higher momentum to the direction it was moving in.
So with Vana token, it was supposed to be listed at 2:30pm meaning we would have 1½hrs to the new candle, they postponed to to 3:30pm meaning we only had 30minutes to the formation of a new candle, where momentum must always change either in an opposite direction, static or continue pumping. That was a trap that's why I didn't trade. 😄 Am becoming wise in this market 💪👏👏👏👏👏👏
My dear friends, the only way to learn and improve is through observing, doing, failing, analyse what the mistakes were, understanding , and Trying again and Again, we will make it InshaAllah.
#Salaamalaikum
#Write2Earn!
